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ALLEN PROFIT FALLS
2025 Year in Review: IPO, offline push and M&As change maths for test-prep sectorIndia’s test-preparation segment stayed resilient in 2025 even as large parts of edtech grappled with post-pandemic fatigue, slower enrolme...- Unacademy’s valuation may be less than $500 million, from $3.5 billion in 2021: Gaurav MunjalAfter a notable decrease in valuation, Unacademy is recalibrating its strategy. Co-founder Gaurav Munjal is dedicated to enhancing product ...
- Test-prep platform Allen’s FY25 net profit plunges to Rs 41 croreAllen Career Institute’s net profit fell sharply in fiscal 2025 despite steady revenue. The drop is due to a shift away from its Kota base ...
- Crypto’s ‘too big to fail’ token Tether faces new threat from USA potential crackdown on Tether Holdings Ltd., the issuer of USDT, could have a significant impact on the cryptocurrency industry. Tether, ...
- Byju’s struggle to find cash continues; IAMAI drops some gaming firms for IT MoS meetDesperate times call for desperate remedies. Cash-starved Byju’s is now likely to use part of the proceeds from the Epic sale to keep its p...
- Disney to cut target for Disney+ streaming subscribersWalt Disney Co. is expected to fall short of its subscriber target for the Disney+ streaming service. The goal of 215 million to 245 millio...
- Can Satya Nadella sell cricket in the US?Predictably, many of the other investors are from the tech industry, including Microsoft CEO Satya Nadella and Adobe CEO Shantanu Narayan. ...
- Buy Gland Pharma, target price Rs 1700: Motilal Oswal Financial ServicesGland Pharma, incorporated in the year 1978, is a Small Cap company (having a market cap of Rs 22233.18 Crore) operating in Pharmaceuticals...
- Falling US bond yields may signal death knell for 'reflation' stock tradeInvestors piled in to shares of energy producers, banks and other companies expected to benefit from a powerful economic rebound earlier th...
- Inoculating the world may mean reviving old curbs on patentsGovernments around the world are reviving rarely used laws to ensure that they have the drugs.
- Aditya Birla Fashion & Retail Q2 profit falls 30% to Rs 30 croreThe retailer that sell brands such as Pantaloons, Louis Philippe and Allen Solly, said it had revenues of Rs 2297 with net profit of Rs 30 ...
- AB Fashion likely to report 2-fold jump in FY20 profitABFRL will open around 300 new stores in FY19 across business segments.
- Want to spot best businesses? Founders Mentality might helpGrowth creates complexity and complexity is the silent killer of growth.
- Unusual worry for US economy: Is inflation too low?The US Fed says a little more inflation might be just the thing to start a chain reaction that would ultimately create jobs.
- Bond prices surge to help banks cut treasury lossesBanks, which are struggling to meet loan-growth targets for FY10, have managed to stave off huge treasury losses as a surprising year-end s...
- Car dealer Pendragon sees results at top end of rangeBritish car dealer Pendragon Plc expects results this year at the upper end of forecasts amid signs of improvement in its tough markets, it...
- USA Inc feels the heatUS corporate profits are in a recession, and the entire economy may not be far behind. Slower sales and higher energy and labour costs are ...
- Bernanke, Greenspan differ on corporate profit pathThe disagreement between Alan Greenspan and Ben S Bernanke about where the US economy is headed boils down to just one word: profits.
- Cos exit generics for core focusAs international generics drug markets reel under increasing pricing pressure and ever-rising competition, big pharma companies are selling...
- US varsities book virtual seats in Google’s e-libraryThe University of California is joining Google Inc’s book-scanning project, throwing the weight of another 100 academic libraries behind an...
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